signal strength 1 of 5
On the chart of GBPAUD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0881; the lower boundary 2.0858; the width of the pattern 23 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0843 level.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- #KO
- #MA
- #MCD
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- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
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- Buy
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- 1
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- 5
According to the chart of M15, GBPUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.3211 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPCHF M15; the upper boundary is 1.1019; the lower boundary is 1.0994. The width of the pattern is 24 points. In case
The M5 and M15 time frames may have more false entry points.
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According to M15, EURUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 1.1233/1.1229 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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